MINING COMPANY HUT 8 LOST $136 MILLION IN 2018 Canadian mining company Hut 8, at the end of 2018, received an income of about $50 million, but taking into account the costs incurred a total loss of more than $136 million. According…

CHANGPENG ZHAO OFFERED TO RAISE FUNDS TO FIGHT CRAIG WRIGHT’S LEGAL CLAIMS CEO exchange Binance, Chanpen Zhao proposed to run in the charity Fund Binance a separate program for the fight against judicial claims of Craig Wright. The funds raised will be…

BITMAIN REDUCED COMPUTING POWER BY 88%. The Chinese mining giant Bitmain has reduced its computing power by almost 88%. According to the company, when mining cryptocurrency using the SHA256 algorithm, the hashrate was 237.29 PH/s. At the same time, in April this…

CRUSOE ENERGY WILL OFFER OIL PRODUCERS TO USE NATURAL GAS SURPLUS FOR MINING CRYPTOCURRENCIES Crusoe Energy Systems has announced the development of mobile modular data centers that can be used for mining cryptocurrencies, consuming the excess gas remaining in oil production. It…

CENTRAL BANK OF THAILAND CREATES A SOLUTION ON THE BLOCKCHAIN AS PART OF THE RELEASE OF ITS OWN DIGITAL CURRENCY The Central Bank of Thailand (BoT) is advancing in the implementation of its own digital currency project and created a prototype solution…

THE COURT ORDERED CRAIG WRIGHT TO PROVIDE A LIST OF HIS BITCOIN ADDRESSES A federal court in the Southern District of Florida ordered Craig Wright to provide a list of his public Bitcoin addresses. Recall that in a lawsuit filed in February…

STEPHEN PALLEY: “CRYPTOCURRENCIES CAN BE EFFECTIVE FOR MICROPAYMENTS” Partner of law firm Anderson Kill Stephen Palley believes that cryptocurrencies can be effective for the implementation of micropayments. As Pally noted, PayPal’s Mass Pay API used to be implemented for mass micropayments, but…

THE NUMBER OF MIXED CRYPTOCURRENCY TRANSACTIONS INCREASED BY 300% Mixed cryptocurrency transactions currently account for 4.09% of all Bitcoin payments. According to data published by Longhash, the frequency of using CoinJoin technology, by which random transactions are mixed with each other to…

REPORTLINKER: THE MINING EQUIPMENT MARKET WILL GROW IN THE COMING YEARS Research company Reportlinker reports that the market for mining equipment will grow at least until 2023. According to the report, the increase in the number of products for the production of…

IN THE BLOCKCHAIN WALLET THERE IS ALREADY A SUPPORT OF STABLON PAXOS Popular cryptocurrency web wallet Blockchain this Wednesday announced the beginning of cooperation with the Issuer of stablecoin, Paxos. As a result, its users will have access to the Paxos Standard Stablecoin,…

BANK OF ENGLAND: CRYPTOCURRENCIES ARE OF NO VALUE Deputy Governor of the Central Bank of the United Kingdom, Dave Ramsden, said that cryptocurrencies are too volatile to be of value. More than a year ago, the UK Financial Policy Committee (FPC) concluded…